New York State is the home of the BitLicense. In other words, New York is hoping for regulation amongst bitcoin businesses and entrepreneurs. The latest edition has recently made the news, and the final 30-day commentary period is now underway, giving the public a chance to read the document and voice their opinions one last time prior to its solidification.
But now New York is suggesting som...

No doubt, there's be no shortage of discussion surrounding the so-called BitLicense proposal put out by the New York Department of Financial Services (NYDFS). The proposal, which is currently in a commenting period, has attracted the attention of consumers and businesses alike. Many, it seems, aren't fond of the strict regulations the NYDFS plans to put in place, citing the possibility that these...

A new report is surfacing suggesting that former BitInstant CEO and member of the Bitcoin Foundation Board of Directors, Charlie Shrem, is expected to plead guilty to unlicensed money transmission next Thursday in New York Federal Court.
The report comes from Reuters Friday evening, citing Shrem's attorney, Marc Agnifilo, as the source of the news.
Previously, Mr. Shrem has pleased not guil...

As many may already be aware, July 17, 2014, the New York Department of Financial Services (NYDFS) issued its proposal for the regulation of virtual currencies (Proposed Regulations).¹
At this point, the Proposed Regulations are exactly that – a proposal. There is a 45-day period of public comment, after which the NYDFS may or may not consider the comments it receives. Then, with any revisions...

Regulations outlining so-called Bit-Licenses and regulations related to virtual currencies in the State of New York were set to be released "no later than the end of the second quarter of 2014," but we haven't yet heard a thing.
Until this afternoon.
New York State Department of Financial Services Superintendent Benjamin Lawsky took to social media (Twitter, specifically) to deliver a progress ...

With the recent announcement the Atlanta-based company has surpassed 26,000 approved bitcoin-accepting merchants, it's clear the company is growing fast.
And not long after announcing the opening of the company's Latin American headquarters in Buenos Aires, Argentina comes the news that they have opened offices on either coast of the United States -- in San Francisco and New York.
The two offi...

Popular technology and start-up blog TechCrunch announced on Wednesday that they would be accepting bitcoin for admission to their Disrupt event taking place at the Manhattan Center in New York City.
Disrupt is a technology conference that focuses on bringing together tech startups -- bringing together entrepreneurs, investors, hackers, and technology enthusiasts. The event features panels with...

It seems like the Bitcoin Center in New York City (just 100 feet from the NYSE) is getting into a number of different activities. From bitcoin classes, to hackathons, to in-person trading -- the center is adding something else: debates.
The Center has organized a debate on bitcoin, and named Andrew Schiff of Euro Pacific Capital and Jeffrey Tucker of Liberty.me as the two opponents.
The purp...

A hedge fund based in New York by the name of NYSO HEDGE and specializing in "high risk, high return" investments has revealed that it has accepted roughly $5.4 million in bitcoin deposits.
This news follows an initial announcement by the fund to begin accepting bitcoin for deposits on the 7th of February -- so it's taken just about three days for them to amass that amount from bitcoin holders.
...

As planned, the New York State Department of Financial Services (NYDFS) is holding a hearing on Tuesday on the use of virtual currencies like bitcoin.
Tuesday's session runs from 11:30AM through 4:30PM, and will feature notable panelists the likes of the Cameron and Tyler Winklevoss, Barry Silbert (founder, Bitcoin Investment Trust), and Charlie Lee, creator of litecoin.
Wednesday's session wi...

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NewsBTC is a news service that covers bitcoin news, technical analysis and forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryprocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.